Today's Wales business news from Insider |
Thursday 26 November 2020 |
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Latest News | Turnover has risen at a Caerphilly-headquartered automotive parts distributor, with the company also returning to the black. Read More… |
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Fotis Karonis, chief technology innovation officer at BT Enterprises, examines how 5G will shape the future of business. Read More… |
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A Welsh eco pet product start-up has secured a multimillion-pound investment from Metamorphosis, a San Diego-based venture capital firm dedicated to the incubation and acceleration of businesses in the pet industry. Read More… |
Established West Wales-based accountancy firm LHP Chartered Accountants is now operating in Tenby after acquiring the business of The Alexander Partnership (Accountants) Ltd in a pre-pack deal. Read More… |
Kingsway Asset Finance has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank. Read More… |
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When the UK Government brought in its moratorium on business rents back in March, it was the right thing to do at the time. But with commercial landlords now facing a £4.5bn rent shortfall by the end of the year - and tenants still unable to pay - a stalemate has been reached. Two senior experts from Quantuma’s Financial Advisory team - Paul Slevin, director, and Louise Durkan, managing director - dissect the state of the landlord-tenant relationship and ask whether there are any clear winners and losers in this current impasse. Read More… |
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Distribution business Harlech Foodservice has won a three-year contract to supply more than one million school meals a year for Denbighshire County Council. Read More… |
Wales will receive £1.3bn of new funding from the UK Government in 2021/22 through the Barnett formula for devolved areas such as health and social care, education and housing, Chancellor Rishi Sunak has announced. Read More… |
Pre-tax profits at water provider Severn Trent decreased by more than 20 per cent during the first half of its financial year, new figures have revealed. Read More… |
A sourdough pizza business established by a former Queen’s Nurse and university lecturer has hailed its successful launch during lockdown. Read More… |
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Law firm Geldards has completed the relocation of its head office to Cardiff’s Capital Quarter development. Read More… |
Property investor LXi REIT has acquired 11 supermarkets and two discount stores, with tenants including Waitrose, The Range and Aldi, in a £61m deal. Read More… |
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Cardiff-headquartered EKF Diagnostics has secured about £7.7m through the sale of shares in a spin-out company. Read More… |
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Member Exclusive News | Swansea Council's £2.1bn pension fund is on course to cut its carbon footprint to 50 per cent of index levels by next year. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
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